Impermissible avoidance arrangement

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....ted between persons dealing at arm's length; (b) results, directly or indirectly, in the misuse, or abuse, of the provisions of this Act; (c) lacks commercial substance or is deemed to lack commercial substance under section 97, in whole or in part; or (d) is entered into, or carried out, by means, or in a manner, which are not ordinarily employed for bona fide purposes.....

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....n assessment of total income has become final and conclusive for the purposes of income-tax for any assessment year, the assessment shall also be final and conclusive for the purposes of super-tax for the same assessment year." 2.  Inserted vide Section 41 of the Finance Act 2012 w.e.f. 01-04-2014 3.  Omitted vide Section 25 of the Finance A....